The french-based industrial gases company, Air Liquide, recently acquired OXEA’s syngas plant based in Oberhausen, located in the Rhine-Ruhr region. The agreement has received approval from anti-trust authorities.
The facility benefits from a production capacity of approximately 83,000 Nm³ per hour of a mixture of hydrogen and carbon monoxide known as syngas. Syngas is primarily used in the production of oxo-intermediates and oxo-derivatives, which are commonly used in high-quality coatings, lubricants, cosmetic and pharmaceutical products.
Guy Salzgeber, a member of Air Liquide’s Executive Committee, Vice-President for North and Central Europe, said, “We are very glad to welcome the new employees from the OXEA plant to the Air Liquide Group. This takeover offers a good illustration of our growth strategy in existing large marketplaces and meets the increasing customer demand for the outsourcing of industrial gases activities.”
Salzgeber added, “It will generate immediate revenue and intensify our longstanding relationship of cooperation with OXEA. Through this acquisition, Air Liquide reinforces its development in Germany and strengthens its position in the Rhine-Ruhr, one of the largest and leading industrial areas in Europe.”
Air Liquide currently runs three air separation units in the vicinity of the syngas plant. The company is also currently constructing a fourth air separation unit in Oberhausen, which will offer a daily capacity of 2,400 tonnes of oxygen.